2013/12/16: TrendView VIDEO: Equities, Fixed Income(early)
© 2013 ROHR International, Inc. All International rights reserved.
The analysis videos are reserved for Gold and Platinum Subscribers
TrendView VIDEO ANALYSIS & OUTLOOK: Monday, December 16, 2013 (early)
EQUITIES, FIXED INCOME
There will be some consideration of whether we will see the Fed QE taper at the last major (revised projections and press conference) meeting of the year on Wednesday. We still feel it is less than likely with Janet Yellen’s formal ascent to Chairman still pending, even if the data has improved to a degree consistent with conditions for the taper to begin. For more on that please refer back to our November 22nd It’s the Fed PR, stupid post.
The timeline begins with the macro (i.e. fundamental factor) discussion including the mixed international economic data that had equities trading quite a bit lower overnight initially. Yet on balance the slightly weaker than expected Chinese Flash Manufacturing PMI (yet still above 50.0) was offset by what was on balance better than expected Japanese and European data. That is followed by the short-term March S&P 500 future short-term trend viewat 02:30 and intermediate-term at 03:50, then the other equities from 06:15, with govvies analysis beginning at 09:10 (including an important look at the T-note and Gilt expiration rollover implications) and short money forwards at 18:00, with a return to the March S&P 500 future for short term charts and summary comment at 22:30.
The foreign exchange video analysis will follow in the next couple of days. Yet for now that remains thoroughly consistent with Friday’s early assessment of the critical contingencies around the continued weakness in Asia versus still firm European currencies. While today’s analysis is rather long, that was necessary once again to explore the futures expiration rollover implications into this Thursday that actually included the March futures contracts. We suggest making use of the timeline to access the key market analysis you desire.
[The Weekly Report & Event Calendar is available via the link in the sidebar]
The TrendView VIDEO ANALYSIS & OUTLOOK is accessible below.
Authorized Gold and Platinum Subscribers Click ‘Red more’ to access TrendView Video Analysis
2013/12/17: TrendView VIDEO Analysis: Foreign Exchange (early)
2013/12/17: TrendView VIDEO: Foreign Exchange (early)
© 2013 ROHR International, Inc. All International rights reserved.
The analysis videos are reserved for Gold and Platinum Subscribers
TrendView VIDEO ANALYSIS & OUTLOOK: Tuesday, December 17, 2013 (early)
Foreign Exchange
The video timeline begins with discussion of the degree to which the equities remain bullish in spite of the recent near term support violations (see Monday's TrendView Video analysis) and the fact that it weakened initially in spite of the US budget deal. The March S&P 500 future not even reaching, much less violating, 1,763 is a constructive sign, especially after holding up yesterday in the 1,780 area; even if the more critical resistances are 1,794 and 1,800 (weekly oscillator.).
And the govvies still seem okay on the March T-note future holding the low 124-00 area, even if it needs to find a way to rally back to the 125-16 area to keep the technical support intact into Thursday’s December contract expiration. Quite a challenge. For much more on all that see yesterday’s Equities and Fixed Income TrendView Video analysis.
That is all we have to say for now on the equities and fixed income, and refer you back to our previous TrendView Video analysis for any further specifics of the trend dynamics and expiration rollover implications.
The extended video analysis after opening with the discussion above includes the macro (i.e. fundamental influences) factor discussion, including weaker than expected UK and US inflation numbers and better than expected German and Euro-zone ZEW Surveys. That is followed by the US Dollar Index at 01:40, jumping over to Europe at 04:00 and Asia at 08:20 with a view of the longer-term trend potentials (i.e. on the monthly charts) for the Australian dollar and Japanese yen, followed by the cross rates at 13:20 (including AUD/JPY) and a return to the US Dollar Index for a summary comment at 19:30.
[The Weekly Report & Event Calendar is available via the link in the sidebar]
The TrendView VIDEO ANALYSIS & OUTLOOK is accessible below.
Authorized Gold and Platinum Subscribers Click ‘Red more’ to access TrendView Video Analysis
Read more...